About North Okanagan, BC

It was another steady week in North Okanagan real estate sales, with our search showing 28 properties achieving the Sold status. Here is an overview of what things looked like in Vernon BC and surrounding area real estate.

For more details about specific properties check out What SOLD this week.

Lots & Acreages:

2 properties sold after an average of 142 days as active listings. The median list price of these properties was $249,000 and the median sale price was $240,000. On average the seller accepted 96.7% of asking price. One of these properties was a small acreage in Spallumcheen overlooking Okanagan Lake.

Manufactured Homes:

The manufactured homes that sold were listed for a range of 34 to 316 days. The 4 manufactured homes sold averaged a list period of 141 days. The median list price of manufactured homes sold was $146,900. Manufactured homes sold last week for a median sale price of $128,500. Sellers accepted an average of 89.2% of asking price with individual results ranging from a minimum 81% to a high of 103.3% indicating a multiple offer situation.

Single Family Residential Homes:

Single family is the largest category of property type. It includes duplex and triplex as well as residences on acreages. Fourteen homes listed for sale in the North Okanagan sold in the last week. These homes reflected list periods of from 13 to 374 days with the average number of days for a home on the market in the North Okanagan equalling 118. The median or middle of the range of list prices for the homes for sale that sold last week was $354.250 and the corresponding median sale price was $340,000. Sale prices on single family homes ranged from $172,500 to $665,000 on list prices ranging from $182,999 to $669,900. On average sellers accepted 97.3% of the list price. Single family homes sellers obtained a range of from 92.8% of asking to a maximum of 101.8%. Two properties sold for 100% or more of asking price.

Strata Properties:

The results for strata properties include apartments, townhomes,(attached, semi detached and detached) and condos. The past week saw 8 properties of this kind move to sold status in the North Okanagan. On average these properties showed an active list period of 109 days with durations ranging from 13 - 356 days. The median list price was $225,950 and median sold price equalled $217,000. Sold prices ranged from $118,000 to $410,000 with sellers realizing an average of 95.4% of list price in a range of from 87.5% to 100%.

Brell
The Okanagan Real Estate Hub - Century 21 Vernon, BC

Here is this month's North Okanagan real estate market update - our cool little update electronically to what happened in the various residential real estate property types. A rolling 2 year overview of North Okanagan residential real estate key market indicators is available on our website.

Warmest regards.

See you online, Brell ~ Brenda Ellis REALTORwith Okanagan Heat @ Century 21 Executives Realty Ltd

The Siena - Okanagan Lakeshore Living inspired from the heart of Tuscany

Buon giorno e benvenuto!

It is late August, 2009 and I am leisurely ensconced upon the shores of Okanagan Lake - just outside of Vernon BC Canada. Currently this property is one of 3 lakeshore lots that is about to be transformed into a touch of Tuscany in the North Okanagan which is geographically similar to Italy in many ways.

This Vernon BC real estate opporutinity will deliver 17 luxury lakeshore waterfront homes a mere 7 minutes from historic downtown Vernon.

The Siena floorplan offers the only single family home design within the Tuscan Terraces Luxury Waterfront Living at 7397 Brooks Lane, Vernon BC and presently there are only seven opportunities of this kind available.

The Siena offers two floors totalling 1984 square feet of living area and a 506 square foot attached garage. The open concept design kitchen and great room flow onto your 22 x 10 foot terrace - imagine cozying up on lavender summer night with a glass of your favourite Okanagan beverage in front of your outdoor fireplace.

This Three bedroom plan has everything you will want to live your days in fine style.

Warmest regards.

See you online, Brell ~ Brenda Ellis REALTORwith Okanagan Heat @ Century 21 Executives Realty Ltd

Here is our Cool Little Update Electronically - a monthly report on North Okanagan real estate activity. We have also posted our 2 year rolling look at key market indicators showing you trends from July 2007 thru July 2009.

Warmest regards.

See you online, Brell ~ Brenda Ellis REALTORwith Okanagan Heat @ Century 21 Executives Realty Ltd

If you are considering a Sunday Drive to check out properties in the North Okanagan, BC Canada here is a real estate resource that you won't want to miss!

Each week we update our SUNDAY OPEN HOUSE MAP as part of our effort to provide consumers with the best and easiest source of Okanagan Shuswap real estate infomation.

Being the largest community in the North Okanagan, most of these properties for sale are in Vernon BC. These are listings from the Multiple Listing Service - so all brokerage listings that are hosting open houses are included... Multiple Listings, coded by colour on one easy to use map with the price, time, address and basic layout details provided.. all before the Sunday Paper hits your door.

We are more than happy to answer your questions on any of the properties for sale in the North Okanagan and Vernon BC.

Warmest regards.

See you online, Brell ~ Brenda Ellis REALTORwith Okanagan Heat @ Century 21 Executives Realty Ltd